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F5 Networks acquires Volterra in $500M deal
F5 Networks, a publicly traded provider of application security and delivery tools, announced that it is acquiring Volterra, a distributed cloud services company.
Under terms of the deal, Seattle-based F5 said it will pay $440 million in cash and “approximately $60 million in deferred consideration and assumed unvested incentive compensation to founders and employees.”
Founded in 2017, Santa Clara, California-based Volterra previously raised $50 …